Bank of America Raises Walmart (NYSE:WMT) Price Target to $125.00

Key Points

• Bank of America has increased Walmart's price target from $120.00 to $125.00, indicating a potential upside of 18.75% from the current price.
• Walmart's stock is currently rated as a "buy" by several analysts, with an average price target of $111.45.
• Walmart reported a Q2 EPS of $0.68, missing the estimate of $0.74, and revealed revenue of $169.34 billion, below the expected $174.02 billion.

Walmart (NYSE:WMT - Get Free Report) had its price objective increased by equities research analysts at Bank of America from $120.00 to $125.00 in a report released on Wednesday,Benzinga reports. The brokerage presently has a "buy" rating on the retailer's stock. Bank of America's price target indicates a potential upside of 18.75% from the stock's current price.

A number of other equities research analysts have also weighed in on the stock. Evercore ISI reaffirmed an "outperform" rating and set a $110.00 target price (up previously from $108.00) on shares of Walmart in a research note on Monday, August 18th. JPMorgan Chase & Co. decreased their target price on shares of Walmart from $130.00 to $127.00 and set an "overweight" rating for the company in a report on Friday, August 22nd. Oppenheimer boosted their price objective on shares of Walmart from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Wednesday, August 13th. Tigress Financial upped their target price on shares of Walmart from $120.00 to $125.00 and gave the company a "buy" rating in a report on Wednesday, September 3rd. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $106.00 price target on shares of Walmart in a research report on Friday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $111.45.

Walmart Stock Up 1.8%

Shares of NYSE:WMT opened at $105.27 on Wednesday. The firm has a fifty day moving average price of $98.93 and a two-hundred day moving average price of $95.48. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.79 and a quick ratio of 0.23. Walmart has a one year low of $77.49 and a one year high of $105.30. The company has a market cap of $839.28 billion, a price-to-earnings ratio of 39.54, a PEG ratio of 4.98 and a beta of 0.65.

Walmart (NYSE:WMT - Get Free Report) last announced its quarterly earnings results on Thursday, August 21st. The retailer reported $0.68 EPS for the quarter, missing the consensus estimate of $0.74 by ($0.06). The firm had revenue of $169.34 billion during the quarter, compared to the consensus estimate of $174.02 billion. Walmart had a net margin of 3.08% and a return on equity of 21.45%. The firm's revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 earnings per share. Walmart has set its Q3 2026 guidance at 0.580-0.600 EPS. FY 2026 guidance at 2.520-2.620 EPS. Analysts anticipate that Walmart will post 2.55 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CEO C Douglas Mcmillon sold 19,416 shares of the business's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $95.97, for a total value of $1,863,353.52. Following the completion of the sale, the chief executive officer owned 4,392,985 shares of the company's stock, valued at approximately $421,594,770.45. The trade was a 0.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP John D. Rainey sold 2,200 shares of the company's stock in a transaction on Tuesday, September 2nd. The stock was sold at an average price of $97.37, for a total transaction of $214,214.00. Following the sale, the executive vice president directly owned 623,918 shares of the company's stock, valued at $60,750,895.66. The trade was a 0.35% decrease in their position. The disclosure for this sale can be found here. Insiders sold 151,232 shares of company stock worth $14,822,719 over the last ninety days. Company insiders own 0.10% of the company's stock.

Institutional Investors Weigh In On Walmart

A number of large investors have recently modified their holdings of the business. Access Investment Management LLC acquired a new position in shares of Walmart during the 2nd quarter valued at about $26,000. Operose Advisors LLC increased its stake in Walmart by 319.7% during the first quarter. Operose Advisors LLC now owns 319 shares of the retailer's stock worth $28,000 after purchasing an additional 243 shares during the period. PFS Partners LLC increased its stake in Walmart by 267.8% during the second quarter. PFS Partners LLC now owns 320 shares of the retailer's stock worth $31,000 after purchasing an additional 233 shares during the period. Bear Mountain Capital Inc. increased its stake in Walmart by 98.2% during the first quarter. Bear Mountain Capital Inc. now owns 337 shares of the retailer's stock worth $32,000 after purchasing an additional 167 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Walmart by 432.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 362 shares of the retailer's stock worth $32,000 after buying an additional 294 shares during the period. Hedge funds and other institutional investors own 26.76% of the company's stock.

Walmart Company Profile

Walmart Inc engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

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